In 2024, the workers’ compensation insurance segment experienced another year of strong performance, continuing a decade-long profitability trend for insurers. Overall, workers’ compensation insurance has been a bright spot in recent years during an otherwise challenging market across various lines of insurance. New market entrants...

A safety committee is crucial for creating and maintaining a safe workplace culture. These committees bring together employees, management and safety professionals to proactively address workplace hazards. There are several organizational benefits to implementing a safety committee. They can provide a safer work environment, increase employee...

Return-to-work (RTW) programs are intended to help support employees as they reintegrate back into the workforce after experiencing occupational illnesses or injuries. These programs may entail having injured employees return to work with shortened hours, lighter workloads or different tasks (also known as transitional duties)...

Healthcare staffing agencies play a vital role in ensuring that hospitals, clinics, and other medical facilities have the qualified personnel they need to provide high-quality care. These agencies match healthcare professionals, such as nurses, doctors, and allied health workers, with temporary or permanent positions. One...

Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on Compensation Insurance (NCCI), the segment produced combined ratios of 84.5 and 84.9 in 2022 and 2023, respectively, demonstrating continued profitability. Industry experts...